81% of enterprises optimistic about business production in fourth quarter
81% of enterprises forecasted to be better and remainstable in the fourth quarter of2020. Photo: H.A |
The General Statistics Office of Vietnam has just announced the survey results of quarterly production and business trends of processing and manufacturing industries. Up to 6,500 enterprises wereselected for the survey, representing the entire processing and manufacturing industries, and the total number of enterprises that responded in the survey of the third quarter of 2020 reached nearly 90%.
According to the General Statistics Office of Vietnam, 68.1% of the processing and manufacturing enterprises assessed that business production activities in the third quarter of 2020 arebetter and stable compared to the second quarter of 2020, and 31.9% of enterprises said that production and business is more difficult.
In which, the FDI sectorhadthe highest rate of enterprises forecasting better and remaining stable at 70.9%. At the same rate, the non-state owned sector is 67.3%; the state-owned enterprise sector is 63.3%.
Along with experience from coping with the Covid-19 pandemic, the Government has provided and applied solutions and policies to support enterprises, individual business households and people to recover after the pandemic, and gradually restore the economy.
As a result, the production and business situation in the fourth quarter compared to the third quarter was more optimistic, when 81% of enterprises forecasted better and kept stable, 19% forecasted more difficulties.
FDI enterprises has the highest rate of enterprises forecasting better and remaining stable in the fourth quarter compared to the third quarter at 82.8%; the state-owned enterprise sector at 81.7% and the non-state owned sector at 80.2%.
Related News
Risk prevention solutions for export processing and production enterprises
09:12 | 07/05/2024 Regulations
Binh Duong Customs and Korean businesses solve difficulties and obstacles
15:03 | 28/04/2024 Customs
The supporting industrial enterprises transform for sustainable development
08:20 | 01/05/2024 Import-Export
Proposal to exclude criminal liability for tax officials when businesses provide false information to refund VAT
10:35 | 24/04/2024 Finance
Latest News
Vietnam remains attractive destinations for Japanese IT firms
15:42 | 08/05/2024 Import-Export
Pepper exports decrease in volume, increase in value
15:38 | 08/05/2024 Import-Export
Open credit flow to support import and export
09:30 | 08/05/2024 Import-Export
Import turnover increases by US$13.5 billion
09:30 | 08/05/2024 Import-Export
More News
Green production, trade will help wood industry increase export: Viforest
14:30 | 07/05/2024 Import-Export
Hanoi attracts over 1.1 billion USD in FDI in four months
14:28 | 07/05/2024 Import-Export
FDI flows strongly into manufacturing, real estate
14:26 | 07/05/2024 Import-Export
Maintaining recovery momentum amid uncertainties
09:09 | 07/05/2024 Import-Export
Make use of the most of favorable factors for economic growth
15:38 | 06/05/2024 Import-Export
Textile and garment businesses face difficulties due to lack of domestic supply
15:36 | 06/05/2024 Import-Export
Vietnam leads in export rice prices globally
15:34 | 06/05/2024 Import-Export
Production ensures export of 7.4 million tons of rice this year
14:30 | 06/05/2024 Import-Export
More businesses to join Vietnam E-Pavilion
16:34 | 05/05/2024 Import-Export
Your care
Vietnam remains attractive destinations for Japanese IT firms
15:42 | 08/05/2024 Import-Export
Pepper exports decrease in volume, increase in value
15:38 | 08/05/2024 Import-Export
Open credit flow to support import and export
09:30 | 08/05/2024 Import-Export
Import turnover increases by US$13.5 billion
09:30 | 08/05/2024 Import-Export
Green production, trade will help wood industry increase export: Viforest
14:30 | 07/05/2024 Import-Export